Dear NuSocia Patrons,
India stands at a crucial juncture in its skilling journey. With rapid technological advancements, shifting workforce demands, and evolving business landscapes, the need for a future-ready workforce has never been greater. According to a 2023 report by the National Skill Development Corporation (NSDC), India needs to upskill nearly 120 million workers by 2030 to remain competitive in the global economy. Businesses that invest in skill development today will drive innovation, enhance productivity, and build resilient teams for tomorrow.
The challenge is not just about training but about ensuring the right skills reach the right people at the right time. In this edition, we explore how organizations can leverage skill-building to promote sustainable livelihoods and fuel inclusive growth.
The EV Boom: Can India’s Workforce Keep Up?
India’s electric vehicle (EV) industry is growing at an annual rate of 94%, nearly three times the global average. With projections estimating India’s EV market to reach $150 billion by 2030, it’s clear that the nation is rapidly embracing sustainable mobility.
But, is our workforce ready to meet the demands of this new era? In this article, the NuSocia Sustainability Center of Excellence explores how India can build a self-reliant EV ecosystem.
Skilling for Women: Beyond the Informal Sector
Women's skill development programs have traditionally centered around areas like tailoring and food processing, inadvertently confining many to the informal sector. This approach often limits access to formal employment benefits and career advancement opportunities.
How can we achieve genuine economic empowerment? Read our latest article to discover how organizations can move beyond traditional training and create real opportunities for women.
Reviving Indigenous Knowledge: Preserving Traditional Health Skills
Across India's villages and remote towns, traditional health practitioners play a pivotal role in providing accessible and culturally resonant healthcare services. Rather than dismissing them, it is essential to enhance their role through training, research, and structured integration into national health programs.
Read on to explore how integrating traditional health knowledge into formal skilling programs can help improve health outcomes for underserved populations.
Holistic Skill Development: NuSocialogy with Tata STRIVE
As technological advancements and changing market dynamics demand agile and adaptable skills, it is imperative to empower youth to navigate these changes effectively. In 2023, we collaborated with Tata STRIVE to shine a spotlight on actionable steps to develop holistic skilling programs that equip individuals for success. In this NuSocialogy video, listen to Ameya Vanjari, COO, Tata STRIVE talk about the scope of CSR in skill development in India